Address
1227 N E St Lake Worth, FL
Price
$ 369,990
Property Attributes
  • MLS#F10248073
  • TypePending
  • CountyPALM BEACH
  • CityLake Worth
  • AreaPalm Beach 5600 - 5610 - 5620 - 5630 - 5640
  • NeighborhoodLake Worth Town
  • Zip33460
  • StyleDuplex
  • Year Built1963
  • Taxes6632
  • Price$ 369,990
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1845
Listing Provided Courtesy Of:
Meridian Trust Investments Inc
Property Description

CASH COW ALERT!!! Magnificent opportunity to own a turnkey rental in North Lake Worth just minutes from historical Lake Worth & downtown entertainment on Lake Avenue! This is an investor's dream, occupied by long term tenants that never miss their payments w/ a total of 6 bedrooms and 3 bathrooms. This property is detached into two separate dwellings -- a 4/2 and a 2/1 -- that produces nearly $40,000.00 in yearly income while collecting rent payments well below the market rate with plenty of room to add value and increase rents 20-30%. Roof was installed in 2017 and A/C is less than 5 years old, and is completely FHA/VA APPROVED. Lake Worth represents one of the fastest growing cities in all of Palm Beach county -- Buy this well-located property today and start collecting rent from day 1!

Price History
9/10/2020 Listed $369,990

General Features

Area 5630
DOM 39
Property Type Residential Income
Property Type Information Detached
Rent Includes None
Section 21
Style Duplex
Subdivision Complex Bldg Lake Worth Town
Subdivision Name Lake Worth Town
Township Range 43
Type of Association None
Type of Property Duplex
Water Description Municipal Water
Year Built 1963
Year Built Description Resale
Zoning Information SFR

Interior Features

Cable Yes
Cooling Description Central Cooling
Flooring Tile Floors
Heating Description Central Heat
Internet Yn Yes
Stories 1.0000
Total Units 2

Exterior Features

Construction Type Concrete Block Construction
Lot Description Less Than 1/4 Acre Lot
Parking Spaces 4
Roof Description Comp Shingle Roof
Sewer Description Municipal Sewer

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33460

Price
AVG $210K
$370K
Taxes
AVG $3,716
$6,632
Visits
AVG 68
40
Year Built
AVG 1956
1963
Walkscore
AVG 62
67
Data Provided by Walkscore ® not using MLS data

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